Tag Archives: latest xauusd technical analysis

GOLD: Elliott Wave and Technical Analysis | Charts – May 3, 2019

A strong bounce at the end of the week creates a candlestick pattern on the daily chart that has support from volume. The short-term expectation is adjusted, but the mid and long-term Elliott wave targets remain the same as does the channel on the daily chart.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – May 3, 2019

GOLD: Elliott Wave and Technical Analysis | Charts – January 11, 2019

Sideways movement for this week has continued exactly as expected from the Elliott wave count and classic technical analysis. The short-term structure is analysed this week to determine if the correction may be complete or not.

Continue reading GOLD: Elliott Wave and Technical Analysis | Charts – January 11, 2019